040: Politics, History and Planning for a Better Financial Future

Retirement Road Map®

The last decade was pretty great for stocks. So many investors flourished under low inflation, low taxes, and low interest rates, and you can safely say that the bull run we just went through was historic.

However, we’re now in a recessionary period marked by high inflation–and, just like bear markets of the past, we’re going to get through this one, too. If you’re nearing retirement, you might be a little concerned about the state of your portfolio, and today’s episode was recorded with you in mind.

In this conversation, Derek and Matthew explore how politics and the financial markets of the past impacted each other, the parallels and similarities between what’s happening now and what happened then, and what you should be doing now to prepare and plan for a better financial future.

In this podcast interview, you’ll learn:

• Why it’s easy to panic in the face of a seeming financial crisis when you don’t know how the story ends.
• What makes this inflationary era both similar to and different from the economy under Jimmy Carter.
• What happened during the dot-com bubble, the Great Recession of 2008, and even the initial market shocks brought on by the COVID-19 pandemic–and why the solution to all these disasters was always the same.
• Why it’s so important for your income and investment plans to match each other.
• When to start considering rolling your 401(k) over to an IRA–and why tax planning is so important at every age.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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